Question
The following data is for New Zealand for the year ended March 2018 (in $billions) GDP (Y) 187 Exports (X) 52 Imports (M) 50 Current
- The following data is for New Zealand for the year ended March 2018 (in $billions)
GDP (Y) 187
Exports (X) 52
Imports (M) 50
Current Account balance (CAB) -5
National Savings (Sp + Sg) 32
(i)Calculate the value for investment (I).
(ii)Calculate the value of national disposable income (Yd).
(iii) As part of your answers above you probably calculated a valuefor net foreign income. Explain what "net foreign income" is.
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
